Page 1 Advertisements Column 2

Evening Star, Volume VIII, Issue 2095, 22 January 1870, Page 1

Public Companies. Royal insurance company. SECURITY Should be the First Consideration in Insurance Transactions. The Uirectdrs of the Royal Insurance Company have tlic pleasure of supplying the following information to the public, as evidence of the ample security they afford to their assurers ■ — THE CAPITAL of the Company, available for the purpose of meeting any unusual calamity happening to the Assured, is TWO MILLIONS STERLING. The amount actually paid up is L 88,495. This, with the Accumu'ated Funds in hand, makes the invested resources of the Company upwards of one million six hundred thousand pounds, which amount is invested as follows : INVESTED FUNDS OF THE ROYAL INSURANCE COMPANY, 30th June, 1869. Real Property owned by the Company £219,571 11 3 Mortgages on Freehold Property £30,000 Reduced 3 per Cent. Consols India Government 5 per Cent. Debentures English Railway Debenture Bonds 33,500 0 0 28,085 100,000 59,090 17 I 3 0 0 First-class English Railway Preference and Guaranteed Stocks 335,476 11 11 Loans to Local Authorities of various towns in Great Britain, who have obtained the sanction of the Secretary of State to borrow the amounts 145,560 12 6 Bonds of the Mersey Docks and Harbor Boards ... 62,341 14 8 Bonds of the British and Irish Magnetic Telegraph Co 10,000 0 0 Bonds of the Liverpool Corporation 5,160 0 0 United States Government Stocks 101,330 7 10 Canada Bonds and Canada Dominion Stocks... ... 31,106 11 6 Short Loans on first-class English Dividend-paying-Stocks, with margins from 20 to 50 per Cent, on market values... ... ... 477,195 0 0 Loans on Security of Life • Policies 63,938 8 5 £1,672,356 16 11 The above is a complete list of the Investments of the Company at the date specified, in addition to which the funds are still further increased by amounts constantly varying, at different periods, in the hands of the Bankers and the Company’s Agents. At 31st December, 1868, these stood at £168,089 2 0 For the satisfaction of the Public, the whole of the securities belonging to the Company arc annually submitted to the careful scrutiny of two independent Auditors, and the following is an Extract from their Report to the last Annual Meeting : “ The whole of your Books have been audited —every Document, every Account, every Voucher, your Bank-book, and every Security—all have been most carefully kept, and there is not one doubtful security in the whole. ” THE ACCUMULATIONS OF THE LIFE DEPARTMENTS, After payment of Losses, Annuities, and Expenses of every description, have been as as follows : Funds in Hand at the last Quinquennial Valuation, 31st December, 1864 ... £621,434 15 6 Added to 31st Dec., 1865 ... 103,146 7 3 „ „ „ 1866 ... 124,165 7 5 , „ „ 1867 ... 128,583 510 „ ~ „ 1868 ... 144,945 12 2 Total Accumulation of the Life Department on 31st December, 1868, exclusive of Shareholders’ Capital £1,122,275 8 1 qhe Directors also think it desirable to state that the business of the Royal has never been amalgamated with that of any other Company, and that the Liability of its Shareholders is unlimited. The bonuses added to Life Policies in this Company, under their participation table, have averaged TWO PER CENT. PER ANNUM on the amount insured. Licenses for the Voyage between Europe and these Colonies and vice verm, are now granted by this Company free of charge to the assured. FIRE INSURANCES AT LOWEST CUR RENT RATES. Claims are settled promptly in the Colony, without reference to England. Eor details of information on all points, see the Company’s Almanac, to be bad of the agents, HENDERSON, LAW, & CO., Dunedin. nnHE AUSTRALASIAN FIRE JL LIFE, & MARINE INSURANCE COMPANY. Head Office— Collins street west, Melbourne, Directors — Kon. James Graham, M.L.C., Chairman. Hon. W. J. T. Clarke, M.L.C. Vico Chairman. Eon. Alex. Fraser, M.L.C. Edward Cohen, Esq., J.P. E. P. S. Sturt, Esq., P.M. Joseph Griffiths, Esq. E. L. Montefiore, Esq., Secretary, Fire, Life, and Marine Risks taken at lowest current rates. W. & G. TURNBULL & CO., Agents for Otago.